Investors' Soapbox PM

Buy P&C Insurers on the Hurricane Sandy Dip

There is a long history of success buying insurance stocks after large catastrophic events, writes Sandler O'Neill.

November 21, 2012

Sandler O'Neill + Partners

Risk Management Solutions, one of the better known "catastrophe modelers," has finally issued an estimate for the insurance industry's losses from Hurricane Sandy to be in a range of between $20 billion to $25 billion. It is interesting that the various "cat" modelers have estimates that range far from one another.